Financing for Landscaping Services
With these loans for landscaping services, the SBA guarantees the lender that the loan will be repaid. This landscaping services loan for $27,000 was given to a Kentucky entrepreneur in 2005.
This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with National City Bank, out of Louisville, Kentucky. The loan was granted and they received $27,000 to help grow their Louisville, Kentucky business.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
Louisville, KY 40220
SBA Loan Lender
NATIONAL CITY BANK
101 S 5TH ST
LOUISVILLE, KY 40202
This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
561730 - Landscaping Services
Loan Approval Date
9/28/2005
Loan Approval Gross Amount
$27,000
Loan Approval from the SBA
Of the total $27,000 loan amount, the SBA guaranteed $13,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
Related Links:
Determining Proper Capital Structure for a Business
Good Banks for Small Business in Louisville, Kentucky
Getting an SBA Loan in Kentucky